California Small Biz Relief Updates |Targeted EIDL Advance for Small Biz

In this Must Know… 

California Small Business Relief Updates

Decorative graphic

As we’ve mentioned, California has allotted another $2 billion for small business grant funds. Yesterday, GO-Biz announced the timeline for the next three rounds of the Small Business COVID-19 Relief Program. If you have any friends who work for an arts and cultural non-profit, they will have a special program that starts March 16

CAMEO’s also been advocating to help applicants of the California Rebuilding Fund (CARFund) who were not matched with a lender. We are looking for organizations across the state who are willing to gain new clients through existing services to help the unmatched applicants from the CARFund. 
Please contact Heidi Pickman, if:

  • Your organization is not already involved in the grant program and wants to be; or
  • You want more information on how to receive referrals.

Decorative graphic

Targeted EIDL Advance

SBA has released a new mapping tool to help small businesses determine if they are located in a low-income community, which is a requirement to qualify for a Targeted EIDL Advance.

Advance funds of up to $10,000 will be available to applicants located in low-income communities who previously received an EIDL Advance for less than $10,000, or those who applied but received no funds due to lack of available program funding. Tell your clients!

CAMEO Academy Programs

Microlending Essentials Online: Spring 2021 on March 22-26, 2021 is now SOLD OUT. Click on the link to be added to the waiting list and the first to know about upcoming classes. This five-part class, created for the CDFI and business-coaching nonprofit community, trains staff on the fundamental skills for consistent, quality microloan underwriting.

And this is your last chance to join this year’s CDFI Essentials cohort. This month’s session takes place on March 12, 2021 at 11:00am PT.

The Goodies

For Your Clients

New Research

PPP Webinars

Other Goodies